The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)

ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 29 November 2016and were signed on its behalf by:

G M Downs- Director

The notes form part of these abbreviated accounts

Page 2

COMMERCIAL ENVIRONMENT LIMITED (REGISTERED NUMBER: 03555382)

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

1.

ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2.

TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

939

Additions

140

At 30 September 2016

1,079

DEPRECIATION

At 1 October 2015

600

Charge for year

120

At 30 September 2016

720

NET BOOK VALUE

At 30 September 2016

359

At 30 September 2015

339

3.

INVESTMENT PROPERTY

Total

£

COST

Additions

171,547

At 30 September 2016

171,547

NET BOOK VALUE

At 30 September 2016

171,547

Page 3

continued...

COMMERCIAL ENVIRONMENT LIMITED (REGISTERED NUMBER: 03555382)

NOTES TO THE ABBREVIATED ACCOUNTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2016

4.

CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100

Page 4

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